Loonie Stages Longest Rally in a Year as Crude Oil Advances

  • Canadian dollar rebounds after descending to 11-year low
  • CIBC says sell loonie during rallies on economic outlook

The Canadian dollar rose for the sixth day, its longest stretch of gains since June 2014, as advancing crude-oil prices led some traders to cancel bets against the currency.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.